908 S MARIANA Street, Tempe, AZ 85281 (MLS# 7071735)

908 S MARIANA Street, Tempe, AZ 85281

$725,000

Property Type: Multiple Dwellings Bedrooms: 4 Baths: 4 Status: Active

Current Price: $725,000 Last Modified: 9/08/2026

Overview

Description

Four on Mariana is a well-maintained four-unit residential investment property located in central Tempe, Arizona. The property consists of four 1- bedroom/1-bathroom units, each approximately 480 SF (1,920 SF total), situated on the end lot of a cul-de-sac with four covered parking spaces and a seller-owned coin laundry on-site. The location is a key asset -- within walking distance of the Arizona State University Tempe campus and minutes from the Novus Innovation Corridor and major highways, driving consistent tenant demand and historically low vacancy. Tenants enjoy exceptional connectivity with minutes-away access to major highways. This is not just a stable investment, it's an opportunity for growth. Current market analysis indiscated room to increase rents allowing for larger re

Listing Details MLS# 7071735

Location, Tax & Legal

House Number: 908
Compass: S
Street Name: MARIANA
St Suffix: Street
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
Zip4: 7375
Country: US
County Code: Maricopa
Subdivision: MARIANA PARK I
Assessor Number: 132-73-147
Tax Year: 2025

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 118x60
Year Built: 1959
Uncvrd Parking Spcs: 4
Total # of Units: 4
# of Buildings: Yes
Zoning: R-3
High School District: Tempe Union High School District
High School: McClintock High School

Remarks Misc

Cross Street: Dorsey & University/Apache

Legal Info

Township: 1N
Range: 4E
Section: 23
Lot Number: Yes
Cnty Rcrd Bk & Pg #: 94/4

1 Bedroom Units

# 1 Bedroom Units: 4
Avg Rent: 1038
Avg SqFt: 480
# Baths: Yes

More Information

Structure

Bedrooms Total: 4
Bathrooms Total: 4

Income Expenses

Gross Annual Sch Inc: 49800
Net Operating Income: 38433

Showing Notification Methods

Showing Service: Aligned Showings

Property Features

Project Type: Four Plex Construction: Block Const - Finish: Painted Roofing: Built-Up Floors: Concrete; Vinyl; Carpet Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Landscape Water System; Green Landscaping; Curb(s) & Gutter(s); Sidewalk(s); Patio/Balcony; Security Light(s) Interior Features: Furnished; Unfurnished; Fire/Smoke Alarm(s); Mini Blinds; Breakfast Bar Appliances Included: Free-Standing Gas Oven; Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Heating: Central; Other; See Remarks Cooling: Central Air Water Source: City Franchise Sewer: Sewer - Public; Sewer-In & Connected Electric: APS Gas: SW Gas Parking Features: Carport; Assigned; Paved; Off Street Road Access Type: Alley; City Street; Dedicated Street Road Surface Type: Asphalt Owner Pays: Water; Gas; Trash Collection; Landscaping Tenant Pays: Electricity Source of Fincl Data: Owner; Other (See Remarks) Special: Incorporated Area Lockbox Type: None Existing 1st Loan: Conventional Existing 1st Loan Type: Fixed Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Other (See Remarks) Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Cash; VA; FHA; Conventional; No Carry; 1031 Exchange Environmental: None

Listing Office: Get Multifamily

Office Phone: 480-795-7938

Office Email: patrick@getMULTIfamily.com

Last Updated: September - 08 - 2026